Inflation
Repo rate to remain unchanged at 3.5%
This come after the bank's Monetary Policy Committee cut the repo rate by 275 basis points last year to try and counter the effects of negative growth due to...
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Reserve Bank keeps repo rate unchanged at 3.5%
Prior to Thursday's announcement, the bank's Monetary Policy Committee had cut the repo rate by 275 basis points this year to try and counter the effects of negative growth due to COVID-19.
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Over 100 Zimbabwean shop owners arrested for not accepting local currency
The arrested shopkeepers have been charged with breaching a section of the Bank Use Promotion Act.
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CPI dips lower to 4.1% in March
Annual CPI inflation dipped lower to 4.1% in March from February’s reading of 4.6%, according to data from Stats SA on Wednesday.
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SA annual consumer inflation slows to 9-year low
The year-on-year CPI reading was the lowest since December 2010, when the rate was 3.5%
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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There's room for repo rate cut, some economists say ahead of rates announcement
On Wednesday, Stats SA announced that the headline consumer price index fell to 3.7% in October, down from 4.1% the month before.
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Inflation slows to 8-year low, putting rates cuts back in picture
Headline consumer inflation slowed to 3.7% year-on-year in October from 4.1% in September while monthly price growth was flat at 0%.
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CPI eases to 4% in July from 4.5%
The consumer price inflation eased to 4,0% in July 2019 from 4,5% in June 2019, data released by StatsSA on Wednesday showed.
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Zimbabwe poised to raise public workers pay again
Zimbabweans are angry as year-on-year inflation of around 100% has eaten the value of their wages and savings, recalling the horrors of the hyperinflation era in 2008.
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SA consumer inflation quickens to 4.5% in May
Core inflation - which excludes the prices of food, non-alcoholic beverages, petrol and energy - was at 4.1% year on year versus a 4.1% increase in April.
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CPI falls to 4% in January from 4.5%
Statistics South Africa says headline consumer inflation fell to 4% year on year in January from 4.5% in the previous month.
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CPI slows to 4.5% from 5.2%
Statistics South Africa released the data on Wednesday.
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[ALERT] SA October headline CPI at 5.1% y/y vs 4.9% in September
Stats SA has announced inflation numbers for October.
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SA CPI rises to 5.1% year/year in July
Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, rose to 4.3% year-on-year from 4.2%.
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[CARTOON] The People’s Burden
By Dr Jack & Curtis.
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CPI slows to 4.4% y/y in May
On a month-on-month basis, inflation slowed to 0.2% in May from 0.8% in April.
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Nigeria inflation dips to lowest in more than two years in May
Food inflation has been in double digits for almost three years, but has slowed for more than six months.
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Consumer inflation rises to 4.5% in April from 3.8% in March
Stats SA says much of the increase was a result of price rises in product groups that attract specific taxes, namely alcohol, fuel and sugary drinks.
